SYNNEX Corporation Announces Kevin M. Murai as Co-Chief Executive Officer and Member...

SYNNEX Corporation Announces Kevin M. Murai as Co-Chief Executive Officer and Member of the Board of Directors

FREMONT, Calif.--(Business Wire)--
SYNNEX Corporation (NYSE: SNX), a leading business process
services company, today announced that Kevin M. Murai has been
appointed Co-Chief Executive Officer and has been elected to the
SYNNEX Board of Directors. In addition to joining the SYNNEX Board of
Directors, Mr. Murai has been appointed to the Company's Executive
Committee.

Mr. Murai will share the Chief Executive Officer role with current
President and Chief Executive Officer, Bob Huang, and will have
co-responsibility for the leadership of the entire SYNNEX
organization. As a senior executive with more than 19 years of
distribution channel experience, Mr. Murai joins the SYNNEX team with
very strong operational and industry experience, as well as
established relationships in both the customer and vendor communities.

In November 2008, it is expected that Mr. Huang will retire and,
upon approval of the SYNNEX Board of Directors, that he will be named
Chairman of the SYNNEX Board with Mr. Murai becoming the sole Chief
Executive Officer. As part of this planned transition, Matthew Miau,
current SYNNEX Chairman, will remain on the Board of Directors.

"I am very pleased that Kevin will be joining SYNNEX and
co-leading the organization with me," said Bob Huang, President and
Co-Chief Executive Officer. "With his deep industry knowledge,
exceptional operational skills and global management experience, I am
quite certain Kevin will quickly integrate into the SYNNEX culture. He
is poised to help lead the execution of strategic initiatives designed
to improve the business model and diversify our business process
service offerings."

"Kevin has a solid reputation and excellent history in the IT
supply chain and we welcome him to the management team and Board of
Directors of SYNNEX," stated Matthew Miau, Chairman of SYNNEX
Corporation. "We look forward to his leadership in driving additional
shareholder value at SYNNEX."

Before joining SYNNEX, Mr. Murai, was employed for 19 years at
Ingram Micro, Inc., most recently as President and Chief Operating
Officer, as well as serving on the Ingram Micro Board of Directors.
Mr. Murai has a Bachelor of Applied Science degree in Electrical
Engineering from the University of Waterloo.

"I am excited to join SYNNEX at this very key time in the history
of the organization," stated Mr. Murai. "I look forward to working
with Bob to further execute on the strategic vision he has set for the
organization as well as working with all the SYNNEX team members, who
are well known for their operational excellence and customer and
vendor service."

With Mr. Murai's appointment, the SYNNEX Board of Directors will
include eight members, five of whom are independent directors.

About SYNNEX

SYNNEX Corporation, a Fortune 500 corporation, is a leading
business process services company, servicing resellers and original
equipment manufacturers in multiple regions around the world. The
Company provides services in IT distribution, supply chain management,
contract assembly and business process outsourcing. Founded in 1980,
SYNNEX employs over 6,000 employees worldwide and operates in the
United States, Canada, China, Mexico, the Philippines and the United
Kingdom. Additional information about SYNNEX may be found online at
www.synnex.com.

Safe Harbor Statement

Statements in this press release regarding SYNNEX Corporation
which are not historical facts are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These forward-looking
statements may be identified by terms such as believe, expect, may,
will, could and should and the negative of these terms or other
similar expressions. These statements, including statements regarding
the anticipated transition of Mr. Huang to Chairman and Mr. Murai to
sole Chief Executive Officer, and the anticipated benefits of hiring
Mr. Murai, are subject to risks and uncertainties that could cause
actual results to differ materially from those discussed in the
forward-looking statements. These risks and uncertainties include, but
are not limited to: the intergration of new management, general
economic conditions and any weakness in IT spending; the loss or
consolidation of one or more of our significant OEM suppliers or
customers; market acceptance and product life of the products we
assemble and distribute; competitive conditions in our industry and
their impact on our margins; pricing, margin and other terms with our
OEM suppliers; variations in our levels of excess inventory and
doubtful accounts and changes in the terms of OEM supplier-sponsored
programs; changes in our costs and operating expenses; changes in
foreign currency exchange rates; risks associated with our
international operations; uncertainties and variability in demand by
our reseller and contract assembly customers; supply shortages or
delays; any termination or reduction in our floor plan financing
arrangements; credit exposure to our reseller customers, and negative
trends in their businesses; any future incidents of theft; risks
associated with our contract assembly business; risks associated with
the consolidation, integration and performance of our recent
acquisitions and other risks and uncertainties detailed in our SEC
filings, including our Annual Report on Form 10-K for the year ended
November 30, 2007. In light of these risks and uncertainties, there
can be no assurance that the results referred to in the
forward-looking statements contained in this press release will occur.
Statements included in this press release are based upon information
known to SYNNEX Corporation as of the date of this release, and SYNNEX
Corporation assumes no obligation to update information contained in
this press release.

Copyright 2008 SYNNEX Corporation. All rights reserved. SYNNEX,
the SYNNEX Logo and all other SYNNEX company, product and services
names and slogans are trademarks or registered trademarks of SYNNEX
Corporation. SYNNEX and the SYNNEX Logo Reg. U.S. Pat. & Tm. Off.
Other names and marks are the property of their respective owners.

SYNNEX Corporation
Laura Crowley, 510-668-3715
Director of Investor Relations and Public Relations
laurack@synnex.com

Copyright Business Wire 2008